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500 Salem Avenue Hagerstown, MD $ 675,000
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$ 675,000 Get more info
500 Salem Avenue
$ 675,000
Back to search
Share Save

500 Salem Avenue

Hagerstown, MD, 21740
$ 675,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 4,156

500 Salem Avenue, Hagerstown, MD 21740 - Image 1
500 Salem Avenue, Hagerstown, MD 21740 - Image 2
500 Salem Avenue, Hagerstown, MD 21740 - Image 3
500 Salem Avenue, Hagerstown, MD 21740 - Image 4
500 Salem Avenue, Hagerstown, MD 21740 - Image 5
500 Salem Avenue, Hagerstown, MD 21740 - Image 6
500 Salem Avenue, Hagerstown, MD 21740 - Image 7
500 Salem Avenue, Hagerstown, MD 21740 - Image 8

Multi-Family Home for sale in Hagerstown, MD

for $675,000 with 6 bedrooms. This home was built in 1900 on a lot size of 0.26.

Turnkey Investment Real Estate & Business with On/Off class D Liquor License! Discover a true value-add investment with Harmans Tavern, a well-established bar accompanied by a Class D Liquor License and income-producing residential and retail units. Spanning nearly 10,000 sq. ft., this mixed-use property offers EIGHT TOTAL UNITS, including retail space and spacious apartments all currently occupied by long-term tenants. Untapped Income Potential! Rents have remained significantly below market value, as the current owner has never raised them. This presents a prime opportunity for immediate cash flow growth. The units are well-maintained, and with strategic updates, this property could see substantial appreciation. Whether you're looking to expand your portfolio or capitalize on the established business and rental income, this property is a rare find. Schedule your private tour today!

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Multi-Family Active

Price

$ 675,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 5,235

Style

Lot Size

0.26

Year Built

1900

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2032214
Features
General
Living Area 9165
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Settlement
Zoning RMED
Architectural Style Other
Construction Materials Block Brick
School District WASHINGTON COUNTY PUBLIC SCHOOLS
Year Built 1900
Property Subtype Other
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Hagerstown
Accessibility None
County WASHINGTON
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City HAGERSTOWN
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 11240.00
Tax Annual Amount 5235.0
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 73.65
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street Driveway
Foundation Details Brick/Mortar
Water View Y/N N
Lot Size Acres 0.26
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Rg Realty, Inc.

Broker

roberto@rgrealtyinc.com

Email

Affordability Calculator

$4,592
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,156
Monthly Property Taxes
$436
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533158 Elementary School
3533423 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/16/2025$675,000 Listed Price

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500 Salem Avenue, Hagerstown, MD, 21740 is a Multi-Family Home for sale at $675,000 with a lot size of 0.26. 500 Salem Avenue has 6 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 21740 which is in Hagerstown, MD

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